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Bitcoin pauses at $64,000 as rising yields, oil drag equities lower

coindesk.com · Aug 18, 2026 at 10:38

Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
coindesk.com Aug 18, 2026

Bitcoin BTC$64,122.40 recently traded around $64,000, pausing after a rally that saw it rise from $62,600 on Monday. The largest cryptocurrency has dropped 0.6% since midnight UTC, trailing after Nasdaq 100 index futures, which lost 1.1% as U.S. Treasury bond yields and oil prices rose.

Ether ETH$1,896.12 lost around 1% since midnight and coins including SUI, XLM and TAO also dropped.

The increase in yields reflects unease ahead of the Federal Reserve minutes release due Wednesday after two consecutive softer inflation prints. Brent crude oil rose back to $94 per barrel after a 60-day US-Iran ceasefire expired Monday without a deal.

Also on Wednesday, U.S. President Donald Trump is expected to attend a meeting with crypto CEOs at the White House, with U.S. policy being a key driver of price action of late, contributing to the stop-start nature of bitcoin’s range-bound performance.

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

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